@crystal15rider
FOMO (Fear of Missing Out) drives cryptocurrency market volatility, as investors rush into assets during hype, inflating prices, and panic-sell during dips, amplifying swings. Social media and influencers exacerbate this, creating speculative bubbles. To avoid emotional trading, investors should set clear strategies, use dollar-cost averaging, and rely on fundamental analysis. Sticking to predefined entry/exit points and ignoring short-term noise helps maintain discipline. Diversifying portfolios and focusing on long-term goals reduce FOMO-driven impulsiveness, ensuring rational decisions in a highly speculative market.
0 reply
0 recast
0 reaction